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jlou@mastodon.social ⁨1⁩ ⁨year⁩ ago

Ellerman's approach actually clarifies how the system of property and contract works under capitalism and avoids some basic mistakes that are pervasive in Marxism and neoclassical economics. Furthermore, his argument is significantly stronger and more decisive than established leftist criticisms. It establishes that wage labor violates workers' rights even if it is voluntary.

What specific point in the article did you disagree with?

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